On Friday, a tax plan was introduced by the House that would fit on a postcard. Just what we need, a simplified tax plan.
Per Conservative Tribune:
“For years, hard working American taxpayers have asked Washington for a tax code so simple and fair and understandable that it could fit on a postcard,” said Rep. Kevin Brady, chairman of the House Ways and Means Committee. “That is exactly what we propose.”
There are many reforms, including repealing the death tax and reducing the tax on small businesses to 25%, along with cutting taxes on savings and investments.
Another goal is to end tax penalties that cause companies to take jobs overseas.
Here is Rep Kevin Brady with more information on the tax plans and its goals.
This could be a great thing for the United States.